Trying to buy Bitcoin right now feels like grabbing a falling knife. The daily chart is flashing clear warning signs, and the structure is turning ugly fast.
On the technical side, Bitcoin has completed a Head & Shoulders reversal, a classic signal that an uptrend is losing strength. What makes it more concerning is that price has also lost its short-term support, confirming that sellers are taking control.
Once this kind of structure breaks, downside usually accelerates. Based on the current projection, BTC could easily slide toward the $50,000 support zone, which lines up with the lower range of the broader channel.
⚠️ Risk Reminder
Jumping in here is extremely risky while momentum remains bearish. This is not the time to chase entries or hope for a quick bounce. Capital protection matters more than catching a move.
Sometimes the smartest trade is no trade. Wait for a clear base or a strong reaction from major support before thinking bullish again.
Anyone else holding coins with similar weak charts? Drop them in the comments so we can keep an eye out together 👇